Digitalbox (LON:DBOX) Stock Price Up 1.8% – Here’s What Happened

Digitalbox plc (LON:DBOX)’s share price rose 1.8% during trading on Wednesday . The stock traded as high as GBX 4.75 and last traded at GBX 4.58. Approximately 569,239 shares changed hands during trading, an increase of 608% from the average daily volume of 80,447 shares. The stock had previously closed at GBX 4.50.

Digitalbox Stock Performance

The company has a market capitalization of £6.01 million, a PE ratio of -41.13 and a beta of 0.41. The company has a 50 day moving average price of GBX 4.36 and a 200 day moving average price of GBX 4.39.

Digitalbox (LON:DBOX) last released its earnings results on Tuesday, March 31st. The company reported GBX (0.12) EPS for the quarter. The business had revenue of GBX 391 million for the quarter. Digitalbox had a negative net margin of 3.73% and a negative return on equity of 1.99%. On average, equities analysts forecast that Digitalbox plc will post 1 earnings per share for the current fiscal year.

About Digitalbox

Based in Bath, UK, Digitalbox is a ‘pure-play’ digital media business with the aim of profitable publishing at scale on mobile platforms.

Digitalbox operates the following trading brands, “Entertainment Daily”, “The Daily Mash”, “The Tab”, and “The Poke”. Entertainment Daily produces and publishes online UK entertainment news covering TV, showbiz and celebrity news. The Daily Mash produces and publishes satirical news content. The Tab is the UK’s biggest youth culture site fuelled by students.